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Data Broker
Facilitate data transactions by negotiating contracts and ensuring compliance while analyzing market trends to provide insights to clients.
400 000 – 1 400 000 LKR ($)
Average salary / year
Bachelor's degree
Education level
00
Automation level
Medium
Difficulty
Moderate
Employability
6-12 months
Market tension
Moderate
Intl. mobility
Possible
Automation level
Medium
Difficulty
Moderate
Employability
6-12 months
Market tension
Moderate
Intl. mobility
Possible
About
As a Data Broker, you will play a crucial role in a dynamic corporate environment, bridging the gap between data providers and clients. You will manage data transactions, ensuring compliance and maximizing ROI. Using tools such as SQL and CRM systems, you'll analyze market trends and provide actionable insights to stakeholders. Your expertise will be key in negotiating contracts that align with client targets and budget constraints, driving effective data exchange solutions.
Skills
Technical skills
- Proficiency in SQL for data manipulation.
- Experience with CRM systems for data management.
- Expertise in data analytics to drive insights.
- Skilled in contract negotiation to secure deals.
- Strong compliance knowledge for legal standards.
- Market analysis using cutting-edge tools.
- Utilization of BI tools for strategic reporting.
- Understanding of data protection regulations.
- Proficient in ROI tracking to measure success.
Interpersonal skills
- Effective decision making in complex scenarios.
- Strong negotiation skills to achieve objectives.
- Excellent communication for clear conveyance.
- Problem-solving with a focus on innovative solutions.
- Collaboration with teams for shared success.
- Analytical thinking to interpret data accurately.
- Attention to detail ensuring precision.
Tasks
- Negotiate data purchase agreements with suppliers while adhering to budget constraints.
- Analyze client requirements and provide tailored data sets using advanced analytics tools.
- Optimize data validation processes to ensure compliance with market standards.
- Coordinate with the IT team to enhance data integration within CRM systems.
- Monitor market trends and prepare insightful reports for management using BI tools.
- Implement data quality measures aimed at improving performance metrics.
- Liaise with legal advisors to ensure contract compliance and data protection.
- Develop strategies to increase client data utilization aligned with business objectives.
- Facilitate workshops for internal stakeholders on data analysis tools and practices.
- Track and report ROI on data investments to make informed strategy adjustments.
Work environments
Work environments for professionals in this sector may vary:
Corporate business environments focused on strategic growth
Dynamic data provider markets with competitive insights
Legal compliance frameworks ensuring data integrity
Advanced data analysis for informed decision-making
Client service excellence through personalized solutions
Team collaboration for enhanced productivity
High-stakes negotiation settings requiring precision
Tech-driven processes that optimize efficiency
Career paths
- Progress to a Data Analyst role focusing on deeper insights.
- Advance to a Data Manager position overseeing data teams.
- Transition into a Business Intelligence Specialist role.
- Explore consultancy roles to leverage expertise.
- Move into a Strategic Planning Manager position.
Profile sought
Strategic thinker with a focus on innovation
Persuasive negotiator able to influence outcomes
Detail oriented with a commitment to accuracy
Data driven approach to problem-solving
Client focused with a passion for service excellence
How to become a Data Broker?
